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Refined soya oil futures gain 0.41% on spot demand

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Press Trust of India New Delhi
Last Updated : Apr 08 2015 | 12:57 PM IST
Refined soya oil prices gained 0.41 per cent to Rs 608.40 per 10 kg in futures trade today as speculators created fresh positions amid pick-up in domestic demand.
Besides, restricted arrivals from producing belts influenced the prices.
At the National Commodity and Derivatives Exchange, refined soya oil for delivery in April edged up by Rs 2.50, or 0.41 per cent, to Rs 608.40 per 10 kg with an open interest of 36,815 lots.
Likewise, the oil for delivery in June traded higher by Rs 1.80, or 0.31 per cent, to Rs 576.10 per 10 kg in 1,15,265 lots.
Marketmen said besides pick-up in demand in spot market, restricted arrivals from producing centres mainly led to the rise in refined soya oil prices at futures trade.

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First Published: Apr 08 2015 | 12:57 PM IST

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